Andrews brings to
As a former
As Logiq’s new COO, he will initially be responsible for leading the company’s DataLogiq operations and preparing them for the previously announced planned spinoff into a Nasdaq-traded
“We welcome Chris’ exceptional skills and experience in digital marketing, particularly as DataLogiq begins to hyper verticalize its market focus and establish valuable leadership positions in these spaces,” stated
Commented Andrews: “I'm excited to join the amazing
Added Suen: “Chris’ appointment has also enabled us to better focus John’s experience and strengths in M&A to ensure DataLogiq’s smooth transition in becoming its own Nasdaq-traded company. He will also help DataLogiq leverage its Nasdaq status to aggressively pursue M&As in a target-rich environment of highly complementary acquisitions.”
Andrews most recently served as chief digital officer and COO of MediaJel, where he transformed its operations into a scalable digital marketing solution for regulated industries. He earlier founded and served as CEO of
He previously served on the board of TenFour before it was acquired by Acuative. He holds a Bachelor of Science in mechanical engineering and Master’s in management from
Logiq Board Transitions
As part of the company’s strategic transformation, which includes its announced plans to spin off its DataLogiq business to a Nasdaq-traded
The PrivCo is expected to nominate additional board members following the transaction, as well as make additional executive appointments. Logiq’s board now consists of three board members, with one serving independently.
“We are immensely grateful to Lea and Josh for their valuable contributions over the last two years and Matt for his over eight years of exceptional service to the board,” commented Suen. “Their dedication, guidance and support have been immensely helpful as we’ve navigated some very rough waters due to the global pandemic and worked to preserve and rebuild shareholder value through strategic transactions. We wish them the very best in their future endeavors.”
Over the course of last year,
About
The company’s Digital Marketing business includes a holistic, self-serve ad tech platform. Its proprietary data-driven, AI-powered solutions allows brands and agencies to advertise across thousands of the world’s leading digital and connected TV publishers. For more information, visit www.logiq.com.
Important Cautions Regarding Forward Looking Statements
This press release contains certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the Safe Harbor created by those sections. This press release also contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation that relate to Logiq’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, “projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon.
These statements speak only as of the date of this press release. Forward‐looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond Logiq’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. In particular and without limitation, this press release contains forward‐looking statements regarding our products and services, the use and/or ongoing demand for our products and services, expectations regarding our revenue and the revenue generation potential of our products and services, our partnerships and strategic alliances, potential strategic transactions, the impact of global pandemics (including COVID-19) on the demand for our products and services, industry trends, overall market growth rates, our growth strategies, the continued growth of the addressable markets for our products and solutions, our business plans and strategies, and other risks described in the Company’s prior press releases and in its filings with the
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